Economics

Acharya, Viral V.; Eisert, Tim; Eufinger, Christian; Hirsch, Christian
Why did billions in investment, sales and so many jobs disappear during the European sovereign debt crisis? The Eurozone credit crunch deserves about half of the blame, which is a lot, according to research by IESE's Christian Eufinger and co-authors. They find two significant factors that helped cause the crunch and offer advice to free up the lending supply next time.

Azar, José; Schmalz, Martin; Tecu, Isabel
"Common ownership" is a buzzword in academic and regulatory circles these days. José Azar's paper linking common ownership to higher airline ticket prices and other negative consequences is at the center of a new debate that could profoundly affect the investment fund industry as we know it.

Berrone, Pascual; Ricart, Joan Enric; Carrasco, Carlos; Duch, Ana
Although New York leads the IESE Cities in Motion Index, Europe is the geographical area with the highest concentration of smart cities, with 12 representatives among the top 25. Where does your city stand in the ranking this year?